BoJ needs to do more - Scotiabank

FXStreet (Guatemala) - Analysts at Scotiabank noted the BoJ meeting this week and the economic headwinds that the Bank needs to do more about.

Key Quotes:

"The BoJ begins its two‐day policy meeting today; expectations are for policy seƫngs to remain on hold (QQE to remain at JPY 80 tn).

Disappointing Q3 GDP (‐0.2%, tipping the economy back into recession), and low inflation pressures suggest that active BoJ policy has done little to ease economic headwinds. Focus may be turning back to fiscal stimulus."